Global X Blockchain ETF (NASDAQ:BKCH – Get Free Report) fell 3.8% during trading on Thursday. The company traded as low as $53.94 and last traded at $54.77. 28,008 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 93,921 shares. The stock had previously closed at $56.91.
Global X Blockchain ETF Stock Performance
The company’s fifty day moving average is $67.44 and its two-hundred day moving average is $70.72. The company has a market cap of $198.27 million, a price-to-earnings ratio of 14.28 and a beta of 3.58.
Institutional Trading of Global X Blockchain ETF
Several large investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. lifted its position in Global X Blockchain ETF by 130.1% during the second quarter. Envestnet Asset Management Inc. now owns 16,865 shares of the company’s stock valued at $1,262,000 after purchasing an additional 9,537 shares during the period. GK Wealth Management LLC acquired a new stake in Global X Blockchain ETF during the 2nd quarter worth about $214,000. Bank of America Corp DE grew its position in Global X Blockchain ETF by 63.3% during the 1st quarter. Bank of America Corp DE now owns 255,808 shares of the company’s stock worth $14,284,000 after purchasing an additional 99,163 shares during the period. Private Advisor Group LLC raised its stake in shares of Global X Blockchain ETF by 34.0% during the 1st quarter. Private Advisor Group LLC now owns 148,237 shares of the company’s stock valued at $8,278,000 after buying an additional 37,628 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its stake in shares of Global X Blockchain ETF by 17.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,007 shares of the company’s stock valued at $256,000 after buying an additional 585 shares during the last quarter.
Global X Blockchain ETF Company Profile
The Global X Blockchain ETF (BKCH) is an exchange-traded fund that is based on the Solactive Blockchain index, a market-cap-weighted index of global companies involved in blockchain technologies. BKCH was launched on Jul 12, 2021 and is managed by Global X.
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